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Ferrovial sells Timec Oil & Gas (Ferrovial Services) in the US to Architect Equity
The deal furthers Ferrovial’s strategy of focusing on the development, construction and management of sustainable infrastructure. Timec provides services to the Oil&Gas sector in the US The rest of Ferrovial’s Services division in United Kingdom and Chile is still available for sale. Ferrovial has reached an agreement to sell Timec Oil & Gas in United […]
Ferrovial invests in institutional tranche of Lilium listing in the United States
The stake positions Ferrovial in the new generation of aerial mobility and vertiports German aeronautics company Lilium GmbH, the developer of Lilium Jet, an eVtol, has announced plans to merge into Qell Acquisition Corp for the purposes of listing on Nasdaq. In addition to Ferrovial, other investors in the institutional tranche include Baillie Gifford, funds […]
Natural resources: Prepared for growing
With a presence in the most important countries for the industry such as Australia, United States or Chile, Ferrovial Services is preparing to make the most of any growth opportunities that arise in the Natural Resources business. The acquisition of Broadspectrum in May 2016 represented for Ferrovial a notable increase in its activity in the […]
KeolisAmey unveils ambitious plans for Wales and Borders network and South Wales Metro
KeolisAmey has unveiled bold plans for the Wales and Borders rail network and the development of the South Wales Metro working in partnership with Transport for Wales (TfW). The announcement came as the Welsh Government confirmed that KeolisAmey would be the next operator and development partner for the network, following the end of a 10-day standstill […]
Ferrovial Services acquires Maviva Group to expand footprint in the industrial sector
Ferrovial Services has acquired 100% of Grupo Maviva, a company specialised in value-added logistics, quality control and component pre-assembly for the automotive industry, by developing processes and methods with solutions tailored to clients’ needs. This deal enables Ferrovial Services to expand its offering in the industrial services market and strengthens its position as an end-to-end […]
Ferrovial strengthens its presence in urban services with the acquisition of Trans-Former Group for 37 million euro
The company concentrates its activities in the area of collection and management of municipal waste and municipal hygiene in west and the south-east Poland. The operation adds-up two waste management plants with 155,000 metric tons capacity. Ferrovial is present in the Polish market of urban services through FBSerwis, whose shareholders include Ferrovial Services and Budimex. […]
Ferrovial position on the Amnesty International report on the Nauru RPC
In view of the report published today by Amnesty International (AI) in connection with the Nauru RPC, Ferrovial has the following comments: The report adds nothing to the reports released by AI in July and October 2016, titled Island of Despair, since it sets out the same material without any additional contributions. The company considers […]
Ferrovial’s top highlights for 2016
At Ferrovial, we have together looked back over the year to check out our most significant milestones. New construction projects or services, acquisitions to further strengthen the company, social projects to cater for the reality on the ground in different communities, and prizes and awards which recognise different aspects of our work. Projects, partnerships and […]
Ferrovial raises net profit to 279 million euro in the first nine months of 2016
Revenues increased by 6.4% to 7,697 million euro and EBITDA amounted to 650 million euro as a result of good traffic performance by Toll Roads and Airports, the integration of Broadspectrum, and international Construction business. The main assets continued to perform superbly: traffic and revenues increased on the 407 ETR and at Heathrow Airport, with […]
New contracts, the inauguration of new projects and renewing our place in the Dow Jones Index. Top news from September 2016
It has been another busy month at Ferrovial with new contracts and exciting developments across our business lines. Top news from September 2016 Project Developments The Biodome or Life Centre in Granada’s Science Park is now officially opened. The Biodome is a large aquaterrarium covering 20,000 m3 and is the fifth expansion project in Granada’s […]